Booking Holdings Inc. (NASDAQ:BKNG) Holdings Raised by Channing Global Advisors LLC

Channing Global Advisors LLC boosted its stake in Booking Holdings Inc. (NASDAQ:BKNG) by 42.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 444 shares of the business services provider’s stock after buying an additional 133 shares during the quarter. Booking makes up about 1.5% of Channing Global Advisors LLC’s holdings, making the stock its 20th biggest position. Channing Global Advisors LLC’s holdings in Booking were worth $2,206,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Mogy Joel R Investment Counsel Inc. raised its holdings in shares of Booking by 16.4% during the 4th quarter. Mogy Joel R Investment Counsel Inc. now owns 1,876 shares of the business services provider’s stock valued at $9,321,000 after purchasing an additional 264 shares in the last quarter. Nations Financial Group Inc. IA ADV raised its holdings in shares of Booking by 55.9% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 931 shares of the business services provider’s stock valued at $3,921,000 after purchasing an additional 334 shares in the last quarter. Nordea Investment Management AB raised its holdings in shares of Booking by 5.1% during the 4th quarter. Nordea Investment Management AB now owns 179,902 shares of the business services provider’s stock valued at $896,455,000 after purchasing an additional 8,735 shares in the last quarter. Crossmark Global Holdings Inc. raised its holdings in shares of Booking by 6.7% during the 4th quarter. Crossmark Global Holdings Inc. now owns 5,869 shares of the business services provider’s stock valued at $29,160,000 after purchasing an additional 368 shares in the last quarter. Finally, Principal Financial Group Inc. raised its holdings in shares of Booking by 5.3% during the 3rd quarter. Principal Financial Group Inc. now owns 39,597 shares of the business services provider’s stock valued at $166,787,000 after purchasing an additional 2,010 shares in the last quarter. Hedge funds and other institutional investors own 92.42% of the company’s stock.

Wall Street Analyst Weigh In

BKNG has been the topic of a number of recent research reports. Citigroup raised their price target on shares of Booking from $4,100.00 to $5,500.00 and gave the company a “buy” rating in a report on Monday, November 4th. Baird R W upgraded shares of Booking to a “strong-buy” rating in a research note on Wednesday, November 27th. The Goldman Sachs Group raised their target price on shares of Booking from $3,940.00 to $4,510.00 and gave the company a “neutral” rating in a research note on Friday, November 1st. Piper Sandler raised their target price on shares of Booking from $3,560.00 to $4,900.00 and gave the company a “neutral” rating in a research note on Thursday, October 31st. Finally, Cantor Fitzgerald lowered their target price on shares of Booking from $5,100.00 to $4,900.00 and set a “neutral” rating on the stock in a research note on Wednesday, January 29th. Ten research analysts have rated the stock with a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Booking presently has a consensus rating of “Moderate Buy” and a consensus price target of $5,044.43.

Booking Stock Performance

Shares of Booking stock opened at $4,897.32 on Wednesday. The firm’s 50-day simple moving average is $4,934.95 and its 200-day simple moving average is $4,483.62. Booking Holdings Inc. has a twelve month low of $3,180.00 and a twelve month high of $5,337.24. The firm has a market cap of $162.10 billion, a P/E ratio of 33.23, a price-to-earnings-growth ratio of 1.65 and a beta of 1.39.

About Booking

Booking Holdings Inc, formerly The Priceline Group Inc, is a provider of travel and restaurant online reservation and related services. The Company, through its online travel companies (OTCs), connects consumers wishing to make travel reservations with providers of travel services across the world. It offers consumers an array of accommodation reservations (including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties) through its Booking.com, priceline.com and agoda.com brands.